FEES App 1 Annex 1A Application Fees payable
Part 1 Application fees payable to register a new society other than a credit union
Transaction |
Amount payable (£) |
Application using model rules without any amendment to the model |
40 |
Application using model rules with between 1 and 6 amendments to the model |
120 |
Application using model rules with between 7 and 10 amendments to the model |
350 |
Application using model rules with 11 or more amendments to the model, or using free draft rules |
950 |
Part 2 Application fees payable by sponsoring bodies
This fee is not payable by sponsoring bodies in respect of the model rules of credit unions.
Transaction |
Amount payable (£) |
Application for a new set of model rules |
950 |
Part 3 Method of payment of application fees
Payment method |
Additional amount or discount applicable |
Cheque |
None |